ARMSTRONG D GEOFFREY 4

What Happened
Geoffrey D. Armstrong, a director of Nexstar Media Group, was granted 905 time‑based restricted stock units (RSUs) on March 19, 2026. The Form 4 reports the acquisition as a derivative award with an acquisition price of $0; each RSU converts into one share of Nexstar common stock at vesting. All 905 RSUs will fully vest on March 19, 2027.

Key Details

• Transaction type: Award/Grant (code A), derivative RSUs. Reported acquisition price: $0.
• Grant date / reporting period: March 19, 2026; Form 4 filed March 20, 2026 (filed the next day).
• Vesting: 905 RSUs vest in full on March 19, 2027. Each RSU converts 1:1 into common stock at vesting (Footnote F1 & F2).
• Forfeiture: RSUs have no expiration, but any unvested portion is forfeited if the director ceases to be a director for any reason other than a company change of control (Footnote F3).
• Shares owned after transaction: not specified in the provided filing.

Context
RSU awards are a form of compensation/retention and do not represent an immediate purchase or sale of stock. They become actual shares only upon vesting, at which point tax consequences and ownership change. This appears to be a routine director award rather than an open‑market trade; the filing was submitted promptly the next day.